Finastra announced enhancements to its LaserPro document management solution, integrating with two leading Uniform Commercial Code (UCC) filing service providers, CSC Lien Perfect for Lenders and Wolters Kluwer’s iLien UCC platform. These integrations support more efficient and automated UCC filing workflows for banks and credit unions.
“For banks and credit unions, speed is key to delivering on customer and member expectations,” said Cheryl Anderson, Senior Director of Product Management at Finastra. “Our UCC filing partnerships are testament to our mission of innovating finance together with our partners, transforming a traditionally labor-intensive process into a swift, automated workflow, enabling lenders to close deals faster, reduce operational risks, and provide a smoother borrower experience.”
The connection with CSC’s platform offers features such as online portfolio management, real-time jurisdictional data validation, and streamlined UCC-1 and UCC-3 filings. Wolters Kluwer’s iLien UCC platform provides comprehensive automated filing processes, and full lifecycle management across various filing types including Purchase Money Security Interest (PMSI) and Effective Financing Statement (EFS).